16, CLOVER WAY, LOWESTOFT, NR32 4JS - £268,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 CLOVER WAY is a very large detached house of 154m², built sometime between 1950 and 1966. It was last sold for £268,500 in May 2016, which was around 13% below the average May 2016 detached price in the East Suffolk local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

16 CLOVER WAY Sold Prices

Land registry data shows three sales for 16 CLOVER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Suffolk local authority area for the corresponding sale date. All of the three 16 CLOVER WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 31 MAY	£268,500	£307,292	13% below HPI
2008 17 SEP	£210,000	£252,445	17% below HPI
2005 15 JUL	£157,000	£223,310	30% below HPI

16 CLOVER WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Suffolk local authority area over time, sourced from the HPI. The three 16 CLOVER WAY sales between July 2005 and May 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2008 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2016 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 16 CLOVER WAY?

16 CLOVER WAY is 154m² according to the EPC inspection conducted in June 2015. This puts it in the largest 20% of detached houses in Lowestoft, based on EPC data. The below chart shows the distribution of detached houses by size in Lowestoft, and where 16 CLOVER WAY lies on this distribution: 89% of detached houses are smaller than 16 CLOVER WAY, and 11% of houses are larger. Note that EPC data is not available for all properties in Lowestoft.

16 CLOVER WAY: Plot and Title Map

16 CLOVER WAY sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 16 CLOVER WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 16 CLOVER WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 16 CLOVER WAY?

16 CLOVER WAY is located in LOWESTOFT, in the NR32 postcode district. The below map shows the position of No. 16 on CLOVER WAY.